Latest Reporting/compliance News: Finextra Research

Know Your Customer and Refinitiv collaborate on client onboarding

Award-winning RegTech provider Know Your Customer is partnering with Refinitiv, a world-leading provider of financial markets data and infrastructure, to integrate Refinitiv’s World-Check risk intelligence data into Know Your Customer’s client onboarding solutions.

09 December 2020

News/sustainable

Sustainable Finance Live: Using real-time measurement of climate change to address risk

Finextra Research and Responsible Risk today hosted Sustainable Finance Live, the second virtual workshop in a series of events designed to create actionable ESGtech strategies and build an ecosystem of partnerships that will turn strategy into reality.

08 December 2020

News/people

Dr Ruth Wandhöfer to chair PSR panel through Covid-19 recovery, Brexit and BoE RTGS renewal

Dr Ruth Wandhöfer has been appointed chair of the Payment Systems Regulator (PSR) panel amid the regulator’s increased relevance as a policy strategist between a diverse group of banks, payment service providers, fintech firms and consumer groups as a result of the coronavirus pandemic.

08 December 2020

News/regulation

China hints more fintech regulation to come

Some of China's largest fintech companies may face more regulation following comments made by the top banking regulator.

08 December 2020

News/security

UBS CEO: Innovation is not 2020’s trend, it's here to stay

Speaking at Singapore Fintech Festival, UBS CEO Ralph Hamers makes the case that while innovation and collaboration have not traditionally been the norm for financial institutions, the need to build symbiotic relationships with fintech is essential, particularly in the context of cybersecurity in a post-Covid-19, highly digitised world.

07 December 2020

News/people

London Stock Exchange names new CEO

A former director at the UK's financial regulator has been appointed as the chief executive of the London Stock Exchange (LSE).

07 December 2020

News/startups

CCAF, World Bank, WEF: Covid-19 caused uneven growth across fintech

A joint report by The Cambridge Centre for Alternative Finance (CCAF), the World Bank Group and the World Economic Forum, has found that while 12 out of 13 fintech sectors reported year-on-year growth during the first half of 2020, significant discrepancies between sectors and regions remain.

03 December 2020

News/sustainable

WWF and World Bank report highlights opportunities in spatial finance

Ahead of Sustainable Finance Live, a Finextra Research and Responsible Risk event, WWF and The World Bank have released a report highlighting how the financial sector can benefit from the emerging field of spatial finance, complementing existing ESG data streams and providing an outline for a robust taxonomy.

03 December 2020

Company update/regulation

Objectway takes SM&CR approach to speed up compliance

Defined by the FCA as “a catalyst for change”, the SM&CR represents an opportunity to enhance healthy cultures and effective governance in financial institutions, requiring greater accountability both individually and within a firm, and setting a new standard of personal conduct and competence.

03 December 2020

News/startups

CCAF, World Bank, World Economic Forum study into Covid-19 impact on fintech: A sneak peek

In anticipation of the official launch, the Cambridge Centre for Alternative Finance (CCAF) invited industry participants to join an examination into the results of the Global Covid-19 Fintech Market Rapid Assessment Study, compiled in partnership with the World Bank and World Economic Forum.

01 December 2020

Research/Reporting/compliance

Paving the path from Open Banking to Open Finance in Benelux

27 November 2020 466 downloads

News/payments

EBAday 2020: Banks’ plumbing still needs work before ISO 20022 migration

Diving into the ‘Unlocking customer value through ISO 20022’ session on day three of EBAday 2020, Guy Moons, head of enterprise payments solution, FIS, believes that the migration toward ISO is as revolutionary to the economy as going from a black and white television to a smart TV.

26 November 2020

Research/Reporting/compliance

Securing the API Ecosystem

26 November 2020 489 downloads

News/payments

EBAday 2020: Batch processing gives way to the instant payments revolution

At EBAday 2019 in Stockholm, Deutsche Bank’s Koral Araskin highlighted that if instant payments is the new normal, banks will heavily depend on cash buffers to cover all payment flows - even those which come outside of normal working hours. "Is this really meaningfully achievable?" he pondered last year. The events of 2020 and the impact of Covid-19 have truly shown that it must be achievable.

24 November 2020

Research/Reporting/compliance

The Future of Payments 2020

24 November 2020 570 downloads

News/cloud

Driving decisions through cloud migration and data governance

In today’s environment, data is produced and consumed at a rapid pace. However, the way it is currently being stored, accessed, and processed is inefficient.

20 November 2020

News/security

Swift Community Update: Combatting the cyber threat

Whether you work at a bank or at the treasury desk of a large corporate, most of us are working remotely and becoming increasingly dependent on digital processes. This dependence can increase vulnerabilities to cyber attacks.

20 November 2020

Research/Reporting/compliance

Accelerating Enterprise-Wide Innovation with Cloud Migration and Data Governance

20 November 2020 309 downloads

News/crime

Swift Community Update: Focus on financial crime compliance

Tackling financial crime, and ensuring compliance with anti-money laundering (AML) and combating the financing of terrorism (CFT) regulations remains one of the biggest overall challenges for the financial services community.

19 November 2020

News/payments

Swift Community Update: The role of market infrastructures in Europe

The role of market infrastructures (MIs) in Europe came under scrutiny to begin day two of Swift's Community Update - Focus on Europe live virtual event.

18 November 2020